以下是原文的中文翻译： Dilamumus，Electrified的主持人，对特斯拉进行了多方面的分析，强调了影响其股票表现和未来前景的因素。最初的重点是华尔街下调了特斯拉2025年和2026年的每股收益 (EPS) 预测。 2025年的非 GAAP EPS 预计值已从一个月前的 3 美元以上降至 2.93 美元，而近几个月的 2026 年预测值则从 4 美元以上降至 3.90 美元。这种趋势揭示了预期的显著下降，因为 2025 年的 EPS 预测两年前曾超过 8 美元，降幅超过 65%。Dilamumus 强调，在这些修正趋势逆转之前，如果没有基本面的支撑，特斯拉股票的持续上涨将面临挑战。 报告还涉及特斯拉第一季度的交付数据，预计将低于华尔街约 43 万辆的共识预期，这将进一步影响股票。虽然由于 Model Y 在四个工厂的换型，第一季度传统上表现较弱，但预计在今年下半年，特别是第三季度生产恢复正常时，特斯拉的需求将更加清晰。 需要考虑的一个新因素是埃隆·马斯克可能对 OpenAI 发起收购，该公司的估值接近 1000 亿美元。如果这笔交易实现，马斯克可能需要出售特斯拉股票来为其融资，这可能会稀释他的投票控制权，而他正寻求将其提高到 25%。这引入了不确定性，再加上马斯克 2018 年薪酬方案的持续上诉。 谈话转向比亚迪在自动驾驶技术方面的进步。比亚迪正在其大部分产品系列中推出“天眼”高级驾驶辅助系统，对于售价超过 1.4 万美元的汽车不收取额外费用。这与消费者汽车自动驾驶的普及相符，特斯拉也在努力实现这一目标。然而，“天眼”系统有三个等级，只有最高等级配备了三个激光雷达传感器，供比亚迪的高端品牌仰望使用。中级使用一个激光雷达传感器，而入门级套件则依赖于基于摄像头的视觉系统，类似于特斯拉的方法，使用 12 个摄像头、5 个雷达和 12 个超声波传感器。比亚迪董事长表示，入门级套件将在今年年底前实现中国主要城市日常通勤者在固定路线上的自动驾驶，可能涉及地理围栏。 Dilamumus 强调了分析实际性能以评估“天眼”系统能力的重要性。鉴于中国大力推动自动驾驶以及对国内电动汽车公司的潜在补贴，特斯拉在中国的成本优势可能会减弱。比亚迪的“天眼”系统预计将达到 L2 或 L2+ 级别，需要驾驶员监督。 近几周特斯拉股票的内部人士抛售也被提及，这也是导致不利因素的一个因素。这些不利因素导致其从近期历史高点下跌了 33%。Dilamumus 指出，过去一年里，特斯拉股票的相对强弱指数 (RSI) 仅两次跌破 30，一次是今年早些时候，另一次就是现在，这可能表明对长期投资者来说是一个买入机会。 政治因素也在发挥作用。多伦多市长正计划禁止特斯拉参与一项向购买电动汽车的出租车司机提供许可费补助金的项目，理由是特斯拉的受欢迎程度。此外，还有呼吁对加拿大的特斯拉征收 100% 的关税，以及可能限制加拿大向美国供应关键矿物。 Rivian 也因汇率变化而提高了其在加拿大的汽车价格。 特斯拉中国的每周数据显示，国内销量和出口量同比均有所下降，这是由于 Model Y 的换型。尽管存在这些波动，Dilamumus 强调了特斯拉内部的潜在稳定性，强调关注关键方面的重要性。 该片段还包含对 AG1（视频的赞助商）的宣传。它简要地解决了对 AG1 中铅含量的担忧，向观众保证该产品经过严格的测试并符合安全准则。 特斯拉能源的进展也有所介绍，首个 Megapack 在其上海超级工厂下线，焊接自动化率达到 90% 以上。此外，特斯拉还签署了一份在波多黎各进行大规模电池储能项目的合同，部署 1.7 吉瓦时的 Megapack，再次证明了特斯拉在能源市场的竞争优势。特斯拉的 FSD 已在墨西哥推出，实现了从墨西哥南部到加拿大北部连续的 FSD 驱动路线。该片段以与 Franz Lars 和 Jay Leno 讨论新款 Model Y 作为结束，确认了未来的变体和新功能。还提供了关于特斯拉超级充电站成本以及 V4 充电桩开发的最新信息。 最后，它引用了一份关于 CyberTruck 碰撞事故的报告。分析以 Lucid 的战略转变、特斯拉在威斯康星州实现直销的努力以及特斯拉 Powerwall 的一个生产里程碑作为结束，并展示了特斯拉股票的收盘价和交易量。

Dilamumus, the host of Electrified, dives into a multifaceted analysis of Tesla, highlighting factors impacting its stock performance and future prospects. The initial focus is on Wall Street's downward revisions of Tesla's earnings per share (EPS) forecasts for 2025 and 2026. The non-GAAP EPS projection for 2025 has decreased to $2.93 from over $3 a month ago, and the 2026 forecast is down to $3.90 from above $4 in recent months. This trend reveals a significant decline in expectations, as the 2025 EPS forecast was previously over $8 just two years prior, representing a drop of over 65%. Dilamumus emphasizes that until these revisions reverse, sustaining a Tesla stock rally will be challenging without fundamental support. The report also touches upon Tesla's Q1 delivery figures, which are expected to fall below the Wall Street consensus of around 430,000 vehicles, further impacting the stock. While Q1 is traditionally weak due to the Model Y changeover at four factories, a clearer picture of Tesla's demand is anticipated in the second half of the year, particularly by Q3 when production normalizes. A new factor to consider is Elon Musk's potential bid for OpenAI, valued at nearly $100 billion. If this deal were to materialize, Musk may need to sell Tesla stock to finance it, potentially diluting his voting control, which he aims to increase to 25%. This introduces uncertainty, compounded by the ongoing appeal regarding Musk's 2018 compensation plan. The conversation shifts to BYD's advancements in autonomous driving technology. BYD is rolling out its "God's Eye" advanced driver-assistance system across most of its lineup at no extra cost for cars priced above $14,000. This aligns with the democratization of consumer car autonomy, where Tesla is also striving to achieve. However, the "God's Eye" system has three tiers, only the top tier is equipped with three LIDAR sensors for BYD's luxury brand, Yang Wang. The mid-tier uses one LIDAR sensor, while the entry-level suite relies on a camera-based vision system, similar to Tesla's approach, using 12 cameras, 5 radars, and 12 ultrasonic sensors. The chairman of BYD stated that the entry-level suite would enable autonomous operation on fixed routes for daily commuters in major Chinese cities by the end of the year, potentially involving geo-fencing. Dilamumus emphasizes the importance of analyzing real-world performance to assess the capabilities of the "God's Eye" system. Given China's strong push for autonomy and potential subsidies for domestic EV companies, Tesla's cost advantage in China might diminish. BYD's "God's Eye" system is expected to be Level 2 or Level 2 plus, requiring driver supervision. Insider selling of Tesla stock in recent weeks is also mentioned as a factor contributing to the headwinds. These headwinds have led to a 33% drawdown from the recent all-time high. Dilamumus notes that the Relative Strength Index (RSI) for Tesla stock has only dipped below 30 twice in the past year, once earlier this year and again now, potentially indicating a buying opportunity for long-term investors. Political factors are also at play. The mayor of Toronto is moving to ban Tesla from a licensing fee grant program for taxi drivers buying EVs, citing Tesla's popularity. Additionally, there are calls for 100% tariffs on Tesla in Canada, along with potential restrictions on critical mineral supply from Canada to the US. Rivian has also increased its vehicle prices in Canada due to exchange rate changes. Tesla China's weekly numbers show a decline, with domestic figures and exports also experiencing year-over-year decreases, due to the changing of the model Y. Despite these fluctuations, Dilamumus highlights the underlying steadiness within Tesla, emphasizing the importance of focusing on essential aspects. The piece also features a promotion for AG1, the video's sponsor. It briefly addresses concerns about lead levels in AG1, assuring viewers that the product undergoes rigorous testing and adheres to safety guidelines. Tesla Energy's progress is also featured, with the first Megapack rolling off the production line at its Shanghai Gigafactory and the welding automation rate reaching over 90%. Additionally, Tesla has signed a contract for a significant battery storage project in Puerto Rico, deploying 1.7 gigawatt-hours of Megapacks, reaffirming Tesla's competitive edge in the energy market. Tesla's FSD has been launched in Mexico, enabling a continuous FSD-driven route from southern Mexico to northern Canada. The piece concludes by discussing the new Model Y with Franz Lars and Jay Leno, confirming future variants and new features. Updates on Tesla Supercharger costs and development of V4 stalls are also provided. Finally, it references a report of a CyberTruck crash. The analysis ends with Lucid's strategy shift, Tesla's efforts to enable direct sales in Wisconsin, and a production milestone for Tesla Powerwalls, showing Tesla stock's closing price and volume traded.